Alex Chung, 26, an investor at Chai Ventures, notes that "We're bullish on the expanded definition of women's health to include companies that are creating innovative solutions to help manage chronic conditions that disproportionately affect women." This reflects a significant shift towards addressing a broader spectrum of health issues faced by women, transcending traditional views that limited women's health to specific domains like maternal health or menopause management.
Chung emphasizes how the investment landscape is evolving: "The global 'femtech' market raised more than $820 million in 2019, with projections nearing $3 billion by the end of 2023. This surge indicates a growing recognition of the importance of women's health and the lucrative potential it holds for new startups." This growing trend not only highlights a shift in investment focus but also underscores an emerging realization of women’s diverse healthcare needs.
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